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. but billions in subidies for wind energy should be expiring. could they be right or will they blow up energy prices. we'll go in focus with steve bor bes and bill and morgan. is it paying off? >> no, it is 18 times that of nuclear energy. ronald reagan was right. thest thing to immortality is a government program. politicians are labeled with hot wind and we label the section gone with the wind. >> we have sending sib sidies in '92, has it been worth it. >> we are early inlet process. we have subsidized oil and coal and gas. we have done them from darn near a century. these don't look so bad. like it or not, the majority of americans believe that global warming is an issue. we need to develop clear energy sources. fossil fuels may be a difficult problem. we are subsidizing thingings. it is cheaper to produce energy from natural gas. it is a subsidies. other than it is natural gas there. it is 63 cents compared to $53. that is not a pay off to me. >> i will have to disagree with rick. last time wind energy had any impact was in the century. we have moved in oil and natural gas. but let's get
many japanese to question the use of atomic energy. the former government said it would aim to take all react ors off line within a couple of decades but now a new government is in power and promising a different approach. >> reporter: kaho izumitani is putting everything on the table when it comes to energy policy. they will explore possibilities including restarting nuclear reactors. >> translator: we need to decide our energy policy based on technical assessments. we will not start with the conclusion of halting nuclear power generation by the 2030s. >> reporter: the previous administration led by former prime minister yoshihko noda drafted an energy policy that stated the government would aim to shut down all nuclear plants by the 2030s. before last year's accident in fukushima, nuclear power accounted for 26% of the total energy supply in japan. currently only two out of 50 reactors in the country are online adding a mere 3% to the supply. fossil fuels are taking up the slack. utilities are paying more to import liquified natural gas to fire thermal plants. many are planning to rai
energy drilling policies to get at the national resources and of course, the big story that you mentioned, paul, is what's happening with right to work, it wasn't just michigan, sometimes we forget earlier indiana became a right to work state, too, so, two midwestern states that have traditionally been pretty heavily unionized moved to right to work and i wouldn't be surprised if next year we see a couple more states fall. >> interesting contrast in maryland and virginia, neighboring states. you have in virginia, a republican governor cutting taxes, cutting spending. in maryland, you have a liberal democratic governor who's raised tacks all kinds of taxes, income taxes, gas taxes sales taxes, you name it. as a result virginia has a job growth rate that is three times that of maryland. virginia has a lower unemployment rate. so you see that contrast and paul, i think in this election, it actually worked to the president's benefit in some of the swing states like o-ohio and virginia and you had the voters in the states experiencing above average growth thanks to the policies of republican g
on 2016. when way come backna from -- when we6. come back from energy to c education, it is picked for the good news stories of the year. >>> well, just when you thought there wasn't all that much to cheer about in 2012, a panel is here with some good news. "wall street journal" editorial board member starts us off. what is your big good news of the year? >> it is a high energy story. >> just like you, high energy. >> basically we have through technology, the united states has discovered it has a huge amount of both shell oil and shell gas, and it can get it out of the ground. as i say thanks to technology. and that's not just a u.s. story. it is a north american story. there was a ton of oil in canada. there is the same geological formations in mexico. there is a lot of energy that can come upe'. the ceo of flor says there is at least $30 billion of potential c projects around the u.s. gulf of mexico. >> u people say by 2020 we could be self-sufficient in terms of providing most of the oil and the gas we get domestically. what are the implications of this for the larger economy?
about america's energy, economy and environment. i'm greg dalton. in 1988, nasa scientist james hansen told a congressional hearing that it was 99% certain that burning fossil fuels was heating the earth's atmosphere. the next day, a new york times headline proclaimed, quote, global warming has begun, expert tells senate. a quarter century later, dr. hansen and other scientists are still striving to convince much of the united states that basic scientific observation -- seas are rising, glaciers are disappearing, floods are increasing. humans are the cause. about half of americans now accept that fact, 40% do not, according to gallup. over the next hour, we will discuss climate science communication, public policy and opinion, with james hansen and our live audience here at the commonwealth club of california in san francisco. today, dr. hansen is receiving the 2012 stephen schneider award for outstanding climate science communication bestowed by climate one. stephen schneider was a pioneering scientist at stanford who was involved in the formation of climate one that which is a sustai
to save someone's soul. he in turn was drawn to her strength, her morals, her driving energy and her unwavering ambition, and her indomitable drive. but within a short time she realized he was and in court jubal drunk. -- in court jubal drunk. and despite his own international celebrity, he could not spare her rising thing. rebecca west who have met thompson in london in 1921, whom jim spoke about in his introduction, and later when dorothy was a chief of the bureau in berlin, was as courageous and as an domino ball as american friend, possibly more so. kindred spirits intent on breaking through that concrete ceiling of male-dominated literature and journalism. they both were intent on confronting the pivotal issues of their times head-on. and they would remain friends all of their lives. rebecca west had as humble a beginning as dorothy thompson eric she was born so silly isabel fairfield on the outskirts of london in 1892 to a scotch highland mother with musical aspirations, and a truly gifted journalist father. when he left them, abandoned them to poverty, when she, too, was only
in emissions. if there are more people on the planet burning carbon for energy, we will be adding more carbon to the atmosphere. on the other hand, people who are living in a western-style exist then use a lot more energy than people in the developing world. one of the terms in the product of terms from which we deduce future carbon emissions is global population. we tend to believe the global population will stabilize with 10 billion people by the middle of the century because the developing world will take on some of the characteristics of the western world in terms of their rate of production, for example. when you look at some of those projections, built into many of them is the assumption that the global population will eventually stabilize. if it does not do that, it means that the problem is even worse. that is the key uncertainty, the wild card. >> the bottom-line is a really nice where people are in the world, but how many people want a u.s. lifestyle. >> thomas rÜgen talks about an america that has 3 billion people. >> my name is wayne rauf. it is -- wayne rth. what will it take to
to save someone's soul. he in turn was drawn to her strength, her moral core, herd driving energy and her unwavering ambition and her drive, but within a short time she realized he was an incorrigible drunk, and despite his own international celebrity, she could not bear her rising fame. rebecca west who have meant constant in 1921, whom jim spoke about in his introduction, and later when dorothy was the chief of the bureau in berlin was as courageous as her american trend, possibly more so spirits intent on breaking through that concrete ceiling of male dominated the literature and journalism they both were intent on confronting the pivotal issues of their time head-on, and they would remain friends of their lives. it was as humble as a beginning as dorothy. she was born sicily isabel on the a outskirts of london in 18922 space thailand mother with musical aspirations in a truly gifted journalist father when she abandoned them to poverty. she was both devastated and in the liberated. as angry as she was, she liked thompson was able to convince herself. naughty and rebellious ms. fairfiel
. to some extent, we have gained economically through dirt cheap excess of energy. but it will be costly down the road. we still have time to avert a future where we leave our children and grandchildren a degraded planet, but there's not a whole lot of time. >> basically-judges has been -- basically, our idea has been let's make our children richer and they can figure it out here [laughter] my daughters may live to the end of this century. what are they looking at? >> there is still time to prevent -- most scientists classify it as what would constitute a very dangerous impact on the plan met -- on the planet. we can prevent that. we would have to prevent sued to concentration -- would have to prevent co2 concentration. next year, if we were sitting in this room, rudi 397. -- they would be about 397. you can get to 450 pretty soon if we do not make some dramatic changes. if you do the math -- my good friend has going around the country with the do the math tour. we can still prevent dangerous impacts on our climate. but we have to bring our fossil fuel emissions to repeat within a matter
can be a tech stock, one a health care stock, one a financial, only one can be an energy company and one an industrial and only one a food and beverage-maker. what if you're not sure? always err on the side of caution. if two stocks trade together, underlying companies succeed or fail based on the same factors, you're not diversified, oil driller and oil producer, people think they are different, both part of the same sector, software and hardware, look, both techs whether we like it or not, not doing this to be arbitrary or capricious or make it more difficult to pick stocks. when you get too concentrated in one area the moment something bad happens to one of the two big stocks in that area you want to throw yourself off the bridge because the loss will be enormous. imagine if you owned too many industrials when the economy started to slow due to the blow up in europe and fast-growing markets like china slammed on the brakes with higher interest rates, you got obliterated. how about if you owned too many banks right before the financial crisis hit? i know a lot of people who did
is that senators will devote much more of their energies to governance. in a perfect world, we would not only govern, we would execute a coherent strategy. that's a very high bar for any legislative branch to clear but we must aspire to it in cooperation with the president because we are facing fundamental changes in the world that will deeply affect america's security and standard of living. the list of such changes is long but it starts in asia with the rise of china and india as economic political and military powers. the obama administration has conspicuously announced a pivot to asia. at the center of this pivot is china, which exists as both an adversary to certain u.s. interests and a fellow traveler sharing mutual goals and vulnerabilities on others. the ongoing challenge will be for the united states to discern discern, sometimes issue by issue, whether china is an adversary or a partner. and this calibration will impact america's relations with the rest of asia and may ultimately determine prospects for war or peace in this world. while visiting indonesia thailand and the philippin
on the mileage stickers on cars. it improves our energy efficiency. that's a good thing. that is spurring growth. but the kind of reforms we have on wall street have not solved the problem. look at what happened last week's at usb, not only wild and irresponsible behavior, but then we have attorney general holder determining that he general holderubs the fullest -- attorney general holders a betty cannot prosecute ubs because he is afraid ubs is too big to shut down and would destroy financial markets. i thought dodd-frank was supposed to fix that. what was so disconcerting was the democrats did not join senator grassley in their u.n outcry about that protect the integrity of financial markets. it is something that should be bipartisan. but it is not, apparently. that is an example of regulation cannot afford. not all it is it is expensive, it's keeping people from getting loans, and it is impeding economic growth, which we need to pay for that column i talked about. host: on twitter -- guest: it is not. it is something people gravitate to because they use a rhetorical device to say there's a wa
extend tax credits for clean energy companies that are creating jobs, it would extend unemployment insurance to 2 million americans who are actively looking for jobs out there. i have to say that ever since i took office, throughout the campaign, and over the last couple of months, my preference would have been to solve all these problems in the context of a larger agreement, a bigger deal, a grand bargain or whatever you want to call it, that solves the deficit problems in a balanced and responsible way that does not just deal with taxes but also spending so that we can put all this behind us and focus on growing our economy. with this congress, that was obviously too much to hope for at this time. [laughter] maybe we can do it in stages. we will solve this problem instead in several steps. in 2011, we started reducing the deficit through $1 trillion in spending cuts which have taken place. the agreement being worked on right now would further reduce the deficit by asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades so that would add additio
. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. >>> from ours to yours happy holidays from "mad money." >>> welcome back to "mad money" special earnings season companion show. how not to be overwhelmed by earnings reports so you can profit from them in an informed and confident way, make money at home. we went over how i like to use the earnings reports to figure out the growth rate and stock price to figure out whether it's too expensive or cheap against its sector and the rest of the market. the next w
and his minister also devote energy to foreign policy. he says they will strengthen diplomatic and security policies. >> translator: we should rebuild our diplomacy to protect our national interests. we are facing many challenges in our relations with china, south korea and even with the united states on which japan's security is based. strengthening japan/ize lie yans is the first step toward rebuilding japan's diplomacy and security. >> abe promised the central government will take the lead in rebuilding disaster-hit regions in northeastern japan, especially fukushima prefecture, home to the damaged nuclear plant. the new prime minister says he will achieve results as soon as possible to redeem the trust of the japanese people. >>> prime minister abe's launched his cabinet tuesday after the top lawmakers elected him to the top job. both houses of parliament elected abe as prime minister, a post he held between 2006 and 2007. abe is the first politician in 64 years to return to the position after resigning. his liberal democrats ruled japan almost continuously for half a centu
energy is going to involve lots of investment, lots of jobs, lots of growth. what kind of growth? and in the long term there may be this question of. >> caller: an economy, can capitalism grow infin nightly? more immediately we have this subset of that question which is can we keep burning fossil fuels and the answer is no. >> and there's a nonenvironmental aspect to this. >> yeah. there are a lot of things that are wrong with gross domestic product. bobby kennedy talked about it in 1968 in which i keep going back and finding these kennedy quotes. it says, if we judge the united states of america by that, it counts air pollution and cigarette advertising and ambulances to clear away our highways of carnage yet the gross national product does not allow for the health of our children, the quality of education or joy of their play. in short, it measures everything except that which makes life worthwhile. it can tell us everything about america except why we are proud that we are americans. >> great quote from bobby kennedy. we're going to keep talking about growth, its limits, and h
check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold right now down about slightly under the flat line there, 1,-658. well below the 1,700 mark. the cme globex has been closed for christmas. it's going to reopen at 6:00 a.m. eastern time. that goes for treasuries and the foreign exchange market, as well. >> as for action in the overseas markets, the u.k. is closed today for boxing day as are some of the former brish colonies. in europe the dax down about there about 35 points, around half a percent. and overnight in japan, the nikkei, the yen falling to a 20-month low. you have the nikkei up 1.5%. the nikkei -- yen versus the dollar as shinzo abe returns to office as japan's new prime minister, promising monetary and fiscal reforms. we have the shanghai composite there up about a quarter percent. >>> all right. in today's top stories, the u.s. is five days away from going over the fiscal cliff. president obama is cutting his holiday vacation short, returning to washington
the energy airforce base. during the reagan administration, a great big commission that sounfound a soln for social security, these were big public fora where discussions were held with the public and now everything seems to be happening behind closed doors. why could openness happened in years past and today we can seem to get to deal? >> in large measure because the media has so changed. in those days, you did not have 24-hour coverage. what you find with 24-hour coverage if an idea services, at 10:00 a.m., it is dead by 2:00 p.m. because everybody goes to the cameras. the cameras are there. ever-present and wine to -- wanting to hype something. before you debate it is dead. you really see that around here. >> there has been a fair bit of criticism of the president for not embracing the findings of that commission. what is your take? >> i advised the president not to embrace the specifics because i feared if he did, house republicans would automatically be in opposition. if you are part of the commission you saw that dynamic. there were 18 of us. six representing the president, six rep
you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >> announcer: from our family to yours. happy holidays, cramerica. peace and prosperity from all of us here at "mad money." >>> welcome back to "mad money" special earnings season companion show. how not to be overwhelmed by earnings reports and put them into perspective so you can profit from them in an informed and confident way, make money at home. we just went over how i like to use the earnings reports themselves to figure out the growth rate and relate it to the earnings report to figure out whether it's too expensive or too cheap against its sector and the rest of the market. the next way i use the earnings report is equally as important in some ways because of what i call the etf-ization of the market even more than the growth rate versus the price of the stock and earnings per share. i measure the stock's earnings growth ag
energy and oil. >> i think that reflects an understanding of where the country is. the u.s. whatever you think about how long troops should remain in afghanistan. i think everybody thinks that's enough with that kind of commitment of u.s. forces overseas. >> is our mission to eliminate taliban? it never was our mission. it is nation building? is it sending children to school? is it building sewer systems? is it going after al-qaeda? so, all those factors are complicated but they have to be carefully thought through and i'm not sure we've done that very well in the last ten years, but i do think we will do it smarter. we always learn. they're tough lessons to learn. vietnam was a tough lesson for us to learn. (instrumental music) >> but even as the war on terrorism winds down, the nuclear threat is surfacing once again. >> iran is working on a longer-range missile capability, an intermediate range missile, that could reach europe. and these guys are good. eventually they will develop an icbm that could reach the united states. >> the iranians are being continuing to amass technologies, le
positive surprise, supply-driven decline in energy prices well beyond what the markets are handicapping. i can't say that's a 2013 event but it does seem like the clues are piling up in that direction. that would be tremendously bullish. that's an underappreciated element of a '90s boom. very cheap energy without being driven by economic weakness. that's one thing. and then i guess on the potential negative side, i really do think that there's always the chance that the central banks have kind of, you know, kind of -- they basically have the system in therapy right now and they think they have the medical dosages right in terms of free money. and if they sort of lose control, whether it's in europe or somewhere else, i really do think the markets should be unprepared for that if we go down a few months down that road. >> mike, ezra, good to have you on the program. thanks so much. >> thank you. >> have a great new year. >>> up next on the "the wall street journal report," the faces that made the news of 2012 on our show. we will bring you the best of the best. find us on facebook/mariabart
. back to you, carl. >> seema, thanks so much. check out some energy in metals this morning. let's go to our favorite birthday girl of the day. bertha coombs. >> thank you very much, for the birthday wishes. you know, it's national chocolate day. what else would be better on your birthday? except for a lot of inventory numbers today, delayed because of the christmas holiday. we have energy at the moment fractionally higher across the board. the dollar index weakening just a hair at the moment. despite the fact that we had industry numbers that were a bit bearish. the api putting out numbers of crude stocks. when you look out at the estimates for the eia, we're expecting to see a drawdown of crude of 2 million barrels. crude, the third weekly gain. one of the biggest gains we've seen in a long time, nearly 3% this week. it's looking fairly technically strong. gasoline will be the one that people will watch. eia estimates are for a build there of 250,000 barrels. it's closer to that than what we saw from the api at 2.5 million barrels. that's certainly going to be more bullish for gasol
want to switch topics. he has also been a big step in of energy policy -- champion of energy policy. discovery of natural gas in your state has changed the economy. where do you think this new discovery of this resource is going to lead us? >> i did it is incredibly positive for the united states. we of gone from 60% foreign energy dependence down to 40%. there are a lot of projections now the we could become energy independent over the next several decades. that would be an incredible boon to this country. instead of sending $400 billion or five order billion dollars abroad every year to buy scarce energy supplies for people who do not particularly like us, we could be spending that at home. think of the difference that will make to the economic strength of united states. think about what it will mean to job opportunities, the economic strength of america. natural gas is a very clean resources compared to many of the other options. our progress . on reducing dependence has also been on grenoble's. -- progress on reducing dependence has also been on renewables. all across north dako
, to our energy community who rely on energy tax breaks to keep on moving and keep on producing. so i don't want to see economic growth derailed. it was too horribly painful to sit through this very difficult economic recovery inch by inch, every day hoping we would push forward despite the odds. we have the -- we had the economic crisis in europe that weighed on us as well. well, what we did this morning was important. so i want to close by saying this to my friends in the house, all of them, democrats, republicans, liberals, moderates and conservativesmen conservati. this is not a perfect deal. we all know it. you know, each of us can find a piece of it that we really, really don't like. but on the whole, it will give certainty to this economy. in many cases, many of the provisions are permanent, like the a.m.t. it gives certainty and certainty is critical. we will not go back. we will not take billions and billions of dollars out of this economy. we can't do that now. and i would say to my conservative friends over there, now it's the 1st of the year, you're actually cutting taxes now.
of energy, raw materials, and all of them become more expensive in yen. and that will soon have some negative effect on the part of the japanese consumers. so i think those -- when we put all those things together, i think probably the reasonable outlook is that the japanese yen will continue to weaken but not in such a dramatic way as we have seen in the past few days. but rather very slowly. >>> well, let's get a check on stocks. tokyo's nikkei average is extending gains from yesterday following the yen's weakness. it's currently trading at 10,149, a gain of 2/3 of a percent from tuesday's close. investors are placing buy orders particularly on exporters as the yen is losing ground. they expect earnings for exporters may pick up. >>> now, toyota motor has launched a redesigned crown, one of its signature models. the auto maker aims to attract japanese car owners who are thinking about replacing their current vehicles. ♪ strangers in the night ♪ exchanging glances it's the 14th restyling of the crown. a high-end model that was first released back in 1955. the new crown features
saw gains of at least 2% in technology, energy and materials related stocks. financials were the strongest group this year, rising over 26%. consumer discretionary stocks advanced over 20% as well. while the defensive health care group added 15%. those banking shares got an added boost today on word that banks could soon reach a $10 billion settlement with u.s. regulators over foreclosure abuses. the biggest winner on word of a potential settlement, bank of america. its shares added a quarter, to $11.60. it was the biggest winner on the dow this year. some positive analyst comments on facebook sent shares higher. b.m.o. capital says it's doubling its price target to $32 a share. it says facebook may benefit from a pick up in ad spending. facebook added $0.70 to $26.60. it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games from its library a
, and that really release energy and restored some confidence also for the bureau. in 2013, people see more share market. the dax could reach a new record highs. people do expect it to be a bumpy road again. the growth percentage-wise probably not quite as big as it was this year. >> let's take a look at the numbers now on the last day of trading in frankfurt. the dax ended the day just over 0.5% down. euro stoxx 50 lost more ground than that. as for the dow over in new york, it is down 0.6%. the euro shedding just a little bit of ground against the dollar. >> in other news now, the united states says it deeply regrets the passage of a new law in russia that bars american citizens from adopting russian children. president vladimir putin has signed the law, which places new strains on bilateral relations. >> the new law comes in response to american legislation that withholds visas to russians accused of human rights violations and freezes their u.s. assets. >> most bills signed by president putin have not been subjected to so much public scrutiny, but the ban on americans adopting russian childre
and in view of the cathedral where the bells are. >> he takes the time to gather energy before he is back making music in the bell tower for the whole city to hear. >> if you want to explore european history, this is the place to go. this statue here -- that is margaret of austria. she resided here back in the early 16th century and married the spanish air to the throne. that is why the country that we know as belgium today became spanish for a while. the spanish soldiers and officers never really liked it here. they were seen as conquerors. northern europe was just too cold for them, and life was too hectic. and the people here did not do the siesta -- the nap after lunch, and that is a ritual that was important in spain back then, and it still is today. >> the cattle trader from spain gets up early in the morning and does not come home again until late. between 2:00 and 4:00 p.m., he takes an afternoon nap, a siesta. >> i need these one-and-a-half hours after lunch. if i do not sleep, i do not feel well. then i do not enjoy work, and i am just not myself. >> the long spanish siesta stil
, energy and materials related stocks. financials were the strongest group this year, rising over 26%. consumer discretionary stocks advanced over 20% as well. while the defensive health care group added 15%. those banking shares got an added boost today on word that banks could soon reach a $10 billion settlement with u.s. regulators over foreclosure abuses. the biggest winner on word of a potential settlement, bank of america. its shares added a quarter, to $11.60. it was the biggest winner on the dow this year. some positive analyst comments on facebook sent shares higher. b.m.o. capital says it's doubling its price target to $32 a share. it says facebook may benefit from a pick up in ad spending. facebook added $0.70 to $26.60. it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games from its library as part of its cost-cutting plans. shares of zy
weight i have so much more energy than i used to, when i'm out with my kids, my daughter's like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. learn more, lose more at letsfightfat.com. they don't help single moms. hi! hi! [ sarah ] what happened to our house last year? [ daughters ] it flooded and the water flooded out. yeah. [ sarah ] the red cross arranged the hotel for us. they gave me that break, that leverage, to be able to get it together and take care of them. you know? i feel like we've come full circle. [ daughter 1 ] like that! [ daughter 2 ] this is how i'll do it. [ sarah ] there you go. >> bret: peter lanza the father of newtown shooter adam lanza claimed his son's body. no word when they were claimed or the plans for a funeral service. it could be months before they produce a final report on the investigation. union inf
that many get an energy power in the century. this is living in geography. your argument about russia and russia's in security would be that it's too flat. half the world's longitudes but it's indefensible, it runs north, south so they don't unite the country and had less people than bangladesh. 141 million people, bangladesh has more. so vladimir putin sent up near imperialism on the deepak geographical and security and that's how we should understand not as a madman hour to totalitarian but it's a very traditional autocrat. >> one of the interesting hinges of this book is your discussion about the fall of the berlin wall, and if i read it right, you say that it may appear optimists. it made us to convinced that himeno agencies our system of democracy, system of free markets would have the transforming power. >> talk about that and take that story through the 1980's and into the 90's. >> the fall of the berlin wall eliminated constraints. we thought because we can get to the red army out of eastern europe it suddenly with a transforming effect in the middle east and sub-saharan afric
is doing to you at that moment? are you simply taking it in, that's where the energy and that's where clearly the direction comes from the score. >> yeah, absolutely, yeah. it's the music. it's the music. i study a lot, really. and i'm studying all-- . >> rose: study what. >> you know, i love to go deeply in music. >> when you study the dor what are you looking for? what is if that speaks to you? >> what speaks to me? well,. >> is it knowing where the computers head was? what he was or she, what he was thinking at the moment s it getting to what might have been at the moment that that note was taken from this head and this heart and put there on that page? >> you start to think from that point. but at the send, remember that you are recreating. you are recreating, so sometimes let's put the example of the beethoven. beethoven is a kpotser very difficult to approach because you have let's say rules in david tobin music. you have to use a small orchestra. you have a very special kind of sound to approach. but at the end there is subjective because i'm sure that beethoven at his time, he
and killing dissidents. >> guest: where is the energy? the energies in the united states. stop the strikes, stop labor. and i think stalin has always been convenient for distraction for the right in the center, the truman nights, the center up to today. >> host: i just think the fact that the communist were doing what they were doing also made it easier for the right to use that. >> guest: and to scare people in this country. >> guest: when you see all the liberal so to speak, and also the chairman liberals, the clark clifford's that would drift in this direction, changes american history terribly because right now with the union movement, the concept of labor versus capital is not even discussed in this country. this is what has happened and this is far more important than pointing the finger at the soviet union. why not point it as i said earlier at churchill in greece in athens in 1944? let's be a little bit more -- host go egalitarian. we will jump forward after this. >> host: okay, i would like to jump forward to the 18 60's, the late great 18 60's and talk about john f. kennedy still
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